223 Conifer LakeJewettNY12444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Jewett at 223 Conifer Lake, Jewett, NY, 12444 priced at $1,349,000 converts $13,963/mo rent into $4,913/mo cash flow after a $6,603/mo obligation. Total monthly income equals $13,963/mo, and annual cash flow totals $58,951/yr on $437,076 invested. Return on cash invested prints 33.86% in year one, and rental yield reads 12.42% against a $1,349,000 entry. Equity gained on principal adds $8,705/yr, while 5% annual appreciation compiles into $372,704 by year five. Five-year ROI reaches 178.24% and total cumulative return in cash sums $779,055. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $13,963/mo property income covering a $6,603/mo payment, not borrower’s personal income.
Single Family
Built in 2003
2.60 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12444, Jewett, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 598 (100%) |
| Owner Occupied HU | 182 (30.4%) |
| Renter Occupied HU | 31 ( 5.2%) |
| Vacant Housing Units | 385 (64.4%) |
| Median Home Value | $406,250 |
| Average Home Value | $521,676 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Veronica Newton • Compass Greater New York, LLC
Mls Name: UCBR
Mls Provider:
Mls ID: #20240085
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.